One of the challenging problems for surface mining operation optimization is choosing the optimal truck and loader fleet. This problem is the Equipment Selection Problem (ESP). In this paper, we describe the ESP in the context of surface mining. We discuss related problems and applications. Within the scope of both the ESP and related problems, we outline modeling and solution approaches. Using operations research literature as a guide, we conclude by pointing to future research directions to improve both the modeling and solution outcomes for practical application of this problem.
Technical Report, Computing and Information Systems, University of Melbourne, April 2013.